The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1887-07-02

the east hall OF the northeast quarter OF
section twenty-nine, 1922, and il win
not be long before he will commence ex-
plorations.
The outlook for finding good mine
near Carney, this county, by the Carney
Exploring Pool, is bright. At present
nothing more than test pitting is being
done, but some very fine ore has been
found Crystal Falls gentlemen are
interested.
Ed. Sweeney and others, of Negaunec,
have commenced work on their option
ON section one, 42-33. 1t is almost a
ioregone conclusion that their work will
result in the finding OF a mine az consid-
able exploring was done there some years
ago and the outlook il exceptionally
good.
The MaclNinnon Bros, commenced ex-
plorations on the southwest quarter Of
the southwest quarter dissection twenty
six, 1895, on Wednesday, and will ex-
plore that tract thoroughly Work was
resumed at the Beta on Friday. The
Beta is looking well this summer Re
porter.
Frank Scadden is negotiating with a
party OF Chicago capitalists, who will
most likely take hold and work his option
on thew halt OF thesouth-east quarter
of section twenty-one, 1892 This
property lies just east OF the Great West
ern mine, and il would look as though
the ore body extended IN the direction OF
Scadden's option, the Great Western
people having sunk a pit about 200 feet
east and near the line OF their property,
this pit is on a line with the two proper
ties, making il almost certain that the
ore body extends TO the east and will be
found by Mr.. Scadden.
S. ID. HOLSTERS explorations on the
west half Of the northwest quarter Of
section thirty-fve, 1892, present a very
encouraging aspect. A line OF test pits
have been carried across the property
and each one shows up better than the
last one. In one Of the pits some very
nice ore was found, but not i'm place.
The surface is sand, and about twenty
five feet deep. Mr. HOLSTER il quite GER
tain that by continuing the pits in the
a direction he has taken, the ore viii, be-
fore Tong, be found. The work * about
southeast from the Blaney mine and
the pits are carried along i'm a south
east and northwest direction. A force
OF nine men is employed and n pit is bot
toned every day
Beyond the filling OF existing contracts
no market il reported, and for two inn
portant reasons. The iurnacemen and
rolling mills using coke have shut down
their works until their fuel supply may
be assured them, and ore producers are
fast ceasing operations. With continued
high vessel rates--S2.50 from Ashland
it viii not pay 10 mine ore and ship ii ia
duh market, certainly not at the pres.
emit quotations. The receipts during
the week were 40, 922 tons, Of which s.
POI tons was shipped to interior points
During the corresponding period in 1886
the receipts were d0,257 tons, the ship
ncHtS 1904 bouH. pIt uthi'ir tlkitt ~
fixing the responsibility OF retarding min
ing operations upon the vessel owners
and one large dealer has adviccs that M
least two mines the output OF which
would have been about $4,000 tons
were ordered 60 be shut down this week
The outlook for ore is anything but
bright, especially in view OF the expected
complications regading ore handlers al
along the lake ports. Future develop
ments may, however, bring about an i'm
proved condition Of affairs. The prices re
main unchanged as follows:
No / specular and magnetic Bcsse.
mer per VoWf %
40. Specular mon Bessemer) ores
per toh.......... I'"o -,
BeSSemer HemntiteH.. f0WO ~
on-Bessemer Hematltes............... Oom6 ~
Shipments Of iron ore from the foul
Lake Superior districts for the season al
TO and including June Ia, 1887, were az
follows:
District Port. Tons
Marquette. 151 .O3s
lRlincc xzszas